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These days, finding an affordable place to live in the Belgrade area can be challenging. Home prices in Belgrade are now at a median cost of $232,956, lower than the Minnesota average of $345,793.
The average cost of rent is $845/mo in Belgrade, primarily driven by the current value of real estate in the Belgrade area. In Belgrade, 24.07% of households rent, and 41.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Belgrade is $5,658 per month. Households that rent pay about 14.93% of their income on rent here. Belgrade’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Georgeville, MN: higher priced homes
- Brooten, MN: less expensive homes
- Elrosa, MN: equally priced homes
- Spring Hill, MN: equally priced homes
- New London, MN: higher priced homes
- Regal, MN: higher priced homes
- Greenwald, MN: higher priced homes
- Hawick, MN: higher priced homes
- Sunburg, MN: higher priced homes
- Grove Lake, MN: equally priced homes
Cities with Similar Populations
- Harbinger, NC: higher priced homes
- Koran, LA: less expensive homes
- Karnack, TX: less expensive homes
- Hinton, VA: higher priced homes
- Van Buren, MO: less expensive homes
- Bear Creek, WI: equally priced homes
- Vilano Beach, FL: higher priced homes
- Ward, SC: less expensive homes
- West Berlin, OH: higher priced homes
- Wheatland, MO: less expensive homes
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